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Bullboard - Stock Discussion Forum Santacruz Silver Mining Ltd V.SCZ

Alternate Symbol(s):  SCZMF

Santacruz Silver Mining Ltd. is a Canada-based company. It is engaged in the operation, acquisition, exploration and development of mineral properties in Latin America. The Bolivian operations are comprised of the Bolivar, Porco and the Caballo Blanco Group, which consists of the Tres Amigos, Reserva and Colquechaquita mines. The Soracaya exploration project and San Lucas ore sourcing and... see more

TSXV:SCZ - Post Discussion

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Post by greendayyyy on Nov 26, 2024 11:02am

Price

Third-quarter 2024 sales up 21% year-on-year is the only bright spot. On the negative side, all-in sustaining costs (AISC) are still too high, not to mention debt and the high number of shares on the market. We're still a long way from a price of over 0.50. Unless silver rises to around $50 an ounce and zinc continues its run, we're stuck with ridiculous prices.
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